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their fair share. obama's job number one, a tax cut for the 98%. the rest of the people. let's listen to him. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. all right? that doesn't make sense. the senate has already passed a bill to keep income taxes from going up on middle class families. that's already passed the senate. your members of congress, like allyson and chaka, other democrats in the house, they're ready to go, they're ready to vote on that same thing. if we can just get a few house republicans on board, we can pass the bill in the house, it will land on my desk, and i am ready, i have got a bunch of pens ready to sign this bill. >> 30 minutes after the president was finished, house speaker john boehner held a press conference, and he left unanswered the president's call for decoupling that 98% from the richest 2%, and he gave a pessimistic assessment of the situation. let's listen to mr. boehner. >> the
with president obama digging in his heels about raising taxes on the wealthiest. senior administration official telling "the wall street journal" there will be no new offers until republicans allow tax rates to go up on top earners. this morning, the president accusing the gop of brinksmanship while republican senator orrin hatch said democrats are asking for too much. >> it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the weltiest americans. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. >> joining me now nbc white house news correspondent mike viqueira. what can you make of this? fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in pr
republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record. i like that too. >> i'm stuck. like grover is stuck with this pledge he made everybody take which is that they have to go over the cliff because they obviously will not ever say the word tax. they will only say revenue. i'm stuck speaking to many more ceos than grover norquist is. he thinks it's silly. he thinks ceos are silly. i
this tax issue, and he looks like he has learned the lesson from various debt negotiations, gej talks and the negotiations of 2011 and he's not giving an inch for the top tax earners expiring this year. >> rose: we conclude this evening with a conversation with stuart stevens former chief strategist and advisor to governor mitt romney and the romney campaign. >> working for governor romney was an extraordinary privilege. and it really was an arar. and i think that he was in this race for the right reasons. he was in it out of a sense of what he could do for the country. to be a small part of that was a great privilege. but i think that republicans need to, we have a good menial, we have to do a better job of getting it out. we need to look at how we need to adjust. >> rose: julianna goldman and stuart stevens when we begin. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. begin this evening with politic. less than a month remains for lawmaker to reach a deal before the fiscal cliff deadline. the whitehouse open sists tax rat
that the public really wants those higher rates for the higher earners in terms of taxes. senator reid and other democrats don't want to talk about specific cuts or entitlement reforms publicly. everyone saying they don't want to negotiate from the podium. but everyone is aware it's the end of november. there isn't a lot of time left. and how quickly and how peacefully can they come to a resolution is a real question. it's a long process and today is one of those data points where i think you get a sense that people are a bit frustrated. >> he tried to bush boehner on the details. he pushes back about not wanting to get boxed in. it's a confusing they take to the microphone to talk about it then don't want to talk about it at the same time. >>> politico is reporting that a framework for fiscal negotiations has already emerged. here is what they say to expect. about $1.2 trillion in tax increases on the wealthy. at least $400 billion in entitlement cuts mainly from medicare, not to mention spending cuts. that figure, at least $1.2 trillion, according to politico. let's bring in news nation politi
the american people said? 60% said income tax rates should be raised. >> right. >> 55% said the economic system favors the wealthy. 65% legal status for illegal immigrant. 59% said abortion should be legal. and they are still saying that their ideas carried the day? >> stewart stevens has written a lot of good fiction and another life he writes books and they are kind of good. but if you just slice off a piece of the electorate that we won, then we won those ideas, that doesn't make any sense and it's not actually -- look, we can take a step back and say, what is right for the country? but republicans first have to say what is right for republicans? if republicans want to win these kinds of elections, they have to appeal to more people, not what stewart stevens said, which is somehow the liberal coalition turned into a strength. as if they are still playing the argument that this guy is a fluke. the president is a remarkable coincidence of fate. the republican party will never find the majority of the republican party again. >> karen, not a fluke. let me tell you, president obama won bigger tha
by huge tax hikes and spending cuts. finding out where the negotiations stand. >> rick: plus, talk of a republican rebound, we'll speak with some young party leaders who are very enthusiastic about the future and we'll ask them how they plan to prove the republican party is a party for everyone. >> arthel: and as the holidays draw near, we check in on the victims of hurricane sandy. how they're surviving, plus an international story of americans who know all too well what they're going through and are now lending a helping hand. >> rick: we begin with a fox news extreme weather alert out of northern california. they're now being slammed there by another in a series of severe storms that have already killed one person. the region already dealing with flash floods, mud slides, downed trees, power lines. people there say they've never seen anything like it. >> i haven't seen this in many years. this much water running through my property. that water runup should not come on our property. they have to have holding ponds or some sort of drainage in place to divert or what have you, from
that game. president obama's holding all of the cards in the tax fight. the gop's on the ropes and they are ready to cave. but with all things republican, there's always a catch. that's right. speaker boehner and company are looking to hold the debt ceiling hostage again. willing to downgrade our credit rating again. willing to risk our recovery again. just to get their way on spending cuts. the only problem for them, the president is in no mood to play. >> so i want to send a very clear messageç to people here. we are not going to play that game next year. in congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation which, by the way, we have never done it in our history until we did it last year, i will not play that game. >> sorry speaker boehner. find someone else to play economic game with. the president isn't interested. he's done with their gimmicks. he's done with their ploys. he's done with the argument that they are the serious ones in this whole debate. >
it comes to taxes. as you all know by now house republicans sent in a fiscal cliff counter offer yesterday but the white house is calling it no good. i want to give you an idea of where the two sides stand right now. boehner's new plan would raise $2.2 trillion. now it would extend the bush tax cuts for everyone and yes that does include the top 2%. and it would instead raise $800 billion in revenue from so-called tax reform and that's what we mean when we talk about capping deductions and closing loopholes. the rest of the money comes from cuts to both mandatory and discretionary programs. now to recap again on the president's offer, he wants to raise $1.6 trillion, that's double boehner's amount on the rich an and he's asking for more than $200 billion in stimulus spending and promising about $400 billion worth of cuts to social programs. now obviously those two plans have very little in common. neither side is budging when it comes to their demands on taxes. but now here are a few problems with boehner's proposal.
and said it is republicans who aren't making any serious offer on more tax revenues. >> so right now all eyes on the white house. the country does not need a victory lap, it needs leadership. tell the american people with spending cuts they are willing to make. >> if it happened, it will be under the leadership of the house. for a balanced agreement, we need republicans to come forward with something. >> speaker john boehner said this is a moment for adult leadership, a stab at the president there. melissa: my goodness. i understand mitt romney is coming to the white house for that lunch. i don't know, what is everybody expect to come from that? >> the president said the president wanted to talk to governor romney about ideas to make it more efficient. praising the management of the 2002 olympics, said he did a good job there. governor romney is one that raised the ideas happen deductions for tax for people to come up with as far as tax reform, come up with more tax revenue. melissa: thank you so much for your input, peter barnes. lori: what is on the menu? got to give a shout out. there
and pass what the president has proposed, basically extend the tax cuts for the middle class up to $250,000. then deal with that other piece. speaker boehner came out and sort of chastised him. but tom cole went on to continue to go on about 18 different shows and reiterated the same position he was actually on with our chuck todd this morning. let's take a listen. >> that advice was given in private. but you guys have a way of figuring out what is said in private. somebody leaked it out. that's fine. because i'm not going to -- >> you didn't intend for this to go public? >> no, no. i absolutely didn't. >> okay. >> again, it is what i said. it's not an inaccurate report. and, again, i don't think it changes where we're going. our chief negotiator is the speaker. he can deliver the republican votes for a deal that he thinks is the right one. i always support him in that. i'm sure i would again. >> nick, like i said, he's saying this leaked out, he didn't send it to go public but he felt perfectly comfortable going on, like, every show possible yesterday and not backing off of it. do you
revert back to the same tax plan that we had when clinton was president. you can't get from here to there unless you raise the upper rates. and that's what the president suggested, it's up to them to come forward with something congressman from oklahoma said that the house should simply take up the bill that the democrats passed in the senate that would raise income taxes only on the top income tax brackets. another senior republican lawmaker who asked not to be identified this time told reuters that the democratic bill could pass in the house of representatives if john boehner would allow such a bill to be brought to the house floor for a vote. here is boehner speaking about the president earlier today. >> members of his own party seem quite comfortable with sending the economy over the fiscal cliff. no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> speaker boehner doesn't want to propose spending cuts, so now he's trying to pressure the white house to do it. >> there's been no serious discussion of spending cuts
tax cuts from the republicans are swept away. but it's too early. it's only december 6. we've got until december 31st and in washington that's a long time. >> a lifetime. you wrote yesterday the republicans are waving a white flag as big as a bed sheet. you wrote "right now bain ser hoping to lead his fractious gop to an orderly surrender. the question is no longer whether republicans will give on taxes, they already have. all that remains to be be negotiated is how they will increase taxes. s so what's the likely scenario as you see it now? >> the fact they have surrendered, saying we're offering up an $800 billion tax increase, that's a big deal but it doesn't save us from the fiscal cliff. as susan was suggesting, there's a long time to go between now and the 31st. they have to wait until that long because neither side wants to appear to be giving in too early. that means they've given away more than they had to. you've got the president out there stirring the pot, trying to bring public opinion more to his side. the republicans are struggling to find some message to keep up wi
of getting the fiscal cliff deal done before everyone's taxes go up. >> consolation lunch? president obama visits mitt romney to the white house today and everyone is buzzing about it. could obama offer him a job? >> congratulations to someone. you just won the gdp of a small nation. not just one but two winning tickets in last night's record powerball drawing. we'll tell you where. >> and if they will be my best friend soon. we have a packed show. john ba, rasso, adam shif, rick warren, tom cole, connie and mary bono mack and steven holcomb. >> we have so many people coming up. it is thursday, november 2. "starting point" begins right now. >>> good morning, everyone. our starting point this morning, developments happening now in cairo. the u.s. embassy there is closed. no one is being allowed in or out as we speak. >> embassy officials say protesters are blocking the entrance and clashes are happening near nearby. reza sayah is nearby for us. what's happening? >> reporter: there is no indication protesters are targeting the u.s. em wibassy b it was closed as a precaution. these are protes
in the cabinet for president nixon. i am personally kind of disappointed that bee are talking about tax rates for the rich. >> steve: campaign. >> brian: what about the middle class people standing in the back drop as they need a break and the president urging for something to be done yesterday and there is no scheduled meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give up. what their concessions will be. they don't want to go first. we are 33 days away from the official fiscal cliff and sailing off of it . in the washington post they describe a sense much gloom descending over the capitol, bowles meet and he sees one and three chance of an agreement before january. but mr. bowles had met with the president the day before and president had flexibility about that higher tax rate. he wants 39.6 percent. maybe he would take 36, seven,. >> brian: or raise the thres hold. >> gretchen: why would
are they going to increase taxes. i predicted 37-38% and capitol gains 20%-22%. i don't have definitive numbers for you sos i got it right but i read this today: >> cenk: now do you understand that? the clinton era rates are 39.5 wear. all along, president obama was saying i'm taking away the bush tax cuts, we're going back to the clinton era rates right? all of a sudden not really going back to the clinton era rates. that's why i was saying you know what, they might increase the rates because president obama has said it way too many times not to increase the rates at all, but although as we've sheen you, they've also hint haded they might lower rates. he's not going to go back up and take the bush tax cuts away. the final might be 37%. politico same reporting as the wall street journal on that. they say it might be about $1.2 trillion in tax increases. they say realistically it could be closer to a trillion dollars. that's similar to what we've been hearing. the democrats are supposed to have leverage, but looks like they'll get the same trillion dollars that president obama has always been as
is the time for us to work on what we all agreed to, which is let's keep middle class taxes lower. >> time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to overt this crisis. >> politico also reporting that the two men had a phone call yesterday that was, quote, curt. can these two men with a history of butting heads meet in the middle before america goes over the edge? >> we have a very, very reasonable chance of going over this cliff. every hour is ticking by, every day is ticking by. >> i think when this gets played out at the end, they'll get right up to cliff on new year's eve, we'll all be hugging cliff and giving cliff a kiss on the cheek. >> from the capitol to the white house, get who is coming to lunch. mr. romney goes to washington. he'll dine today at 1600 pennsylvania avenue at the invitation of the president himself. the question, is there a grander purpose behind their lunch date. >> is governor romney here tomorrow in some kind of cabinet level position, an audition fo
of spending and you don't all of a sudden raise taxes to a higher tax rate. i think they would be fine getting rid of some of the loopholes, but if this goes to where it's just higher tax rates on the rich and very little spending cuts, they little reform, i think there will be huge outrage. >> how about a sizable adjustment in entitlements, a big -- billions of dollars in cuts in regular spending, appropriations spending, and a reduction in the rich person's tax rate, a rise to 37% or 38%, would that sell with the right or not? >> i think there's a chance if they would see real reform, real cuts, more than what the president was saying, 2.5 times of cuts for every tax increase, but what they don't want are tax increases now and future cuts. that's not going to work. >> okay. thank you. just want to know what the rules were in the sane world and the insane world. i think it's going to be more like one to one, and i think it's going to be something like i mentioned. let me go back to you, bob. i don't know what it looks like to you. just the other day -- you don't have to talk about the purging
, representative tim wall. putting forth the petition for the middle class tax cuts in the house. >> like that. >> stephanie: a little something for everybody this morning. here she is, jacki schechner for everybody. in the current news center. >> good morning, everybody! president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he st
creation in our country. >>er -- every family in america will see their taxes automatically go up at the beginning of next year. >> shepard: so how to avoid that. >> the president and congress will either fail together or we will succeed together. >> there has to be a deal. there has to be an agreement. >> and if they can't come up with a compromise, we are all going to pay the price. plus, they are some of the biggest names in baseball. bonds, clemens, sosa. all three tainted by accusations they used performance enhancing drugs. but should that keep them from cooper's town? tonight, the great debate over baseball's hall of fame ballot but first from fox this wednesday night, the president hopes who have the framework of a deal to avoid the so-called fiscal cliff by christmas. president obama says he would like congress to pass a bill even sooner to extend tax cuts for the middle class families. and he invited some of those middle class americans to the white house today to help make his case. >> i have got a pen. [ laughter ] i'm ready to sign it. [ applause ] so, my point here t
tax cuts, in the white house, they called biden the mcconnell whisperer, and the horse whisperer, and the way, one for you, one for me, and that's the way you make a deal. >> this moment, look to you we have a deal by christmas eve, new year's eve or over the cliff? >> who knows. somebody who thinks they know is only guessing. maybe there's a strategy in the white house, you know, by a certain date they'll work it out. >> play book, we always start the morning with the papers. we still love the print papers, assistant of the washington post, which, this morning, says fiscal warning yet to phase wall street. the stock markets are convinced that the fiscal drama is going to work out. the financial times has the opposite headline. they say wall street anxiety grows so which of these is more true? >> you know, -- [laughter] on wall street, they live in a zone of peaceful coexistence of optimism and pessimism. you can talk to somebody in the investment world in wall street, and in the morning, they are optimistic, and in the afternoon, they are pessimistic. i think one, you know, don'
%. that includes all of you. >> the president holds the line on taxes and draws the line on the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama. >> that's an eye opener. >> i wonder where they ever got that idea? >> you just have to wait and see what happens. >>> good to have you with us tonight, folks. thanks for watching. here is are the latest. r
the message along, put pressure on lawmakers to get this middle class tax cut extension down. the president sitting down with small business owners, with ceos of major companies, pushing that middle class tax cut message. they don't believe that this is the comprehensive solution, but they believe this is a step towards the final solution, a final agreement to prevent this fiscal cliff scenario. the president saying he believes that this can get done before christmas. take a listen. >> a clear majority of americans, not just democrats, but also a lot of republicans and a lot of independents glee that we should have a balanced approach to deficit reduction that doesn't hurt the economy and doesn't hurt middle class families. if we agree that we should not raise taxes on middle class families, let's begin our work with where we agree. >> of course there are some lawmakers who are not that optimistic. they don't think there's enough time between now and the end of the year to get a deal done. nonetheless the president will continue pushing his message. he heads to pennsylvania tomorrow. he wil
of the year, as i am sure you know by now the average middle class family is facing a 2,000 dollar tax hike. on monday of this week the white house released a report saying that could be americans spending $200,000,000,000 less in 2013. the president will continue to push his message but is it time to reach a deal over the fiscal cliff? but the g.o.p. is not so keen on a deal, at least the one the white house presented yesterday. the first offer from president obama and treasury secretary timothy geithner included a $1.6 trillion tax increase along with an extension of the payroll answer it cut and unemployment insurance and a request for $50,000,000,000 worth of stimulus spending next year. now, it doesn't promise $400,000,000,000 worth of spending cuts but congressional republicans call the deal unbalanced and unreasonable and saying there is not enough spending cuts and reforms. the one good piece of -- piece of good news to the white house on this is it shows president obama is opening strong not conceding. we will be right back. arguments to feel confident
is a normal break you give a kid who grows up in texas. you tax them on that. what a rotten approach to take just to win a couple points against perry. now he's saying a tactical mistake. >> but this was his whole campaign was basically a businessman's approach and accommodating product for the consumer, and the consumer in the primary was a conservative voter, just as a consumer in massachusetts was a liberal voter, and the general election was different. he thought he had to come at him from the right. in retrospect it's easy for matt rhoades to say we should have -- knocked him out with this -- >> >> why didn't he just say it's wrong. >> it's a little early to -- >> it's morally wrong to beat the hell out of young people who grew up, children of immigrants, legal or not. they didn't break any laws, the kids, and they're trying to go to school here. >> it's funny, at the time governor perry, and newt gingrich at the time as well, was much to the left of mitt romney on immigration. so i just think the campaign manager, matt rhoades, is someone -- he's an operative, he's been inside the bush
pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you arrive on set a little late. thrilled to have you here, with ongoing deliberation on capitol hill, you are the eyes. >> eyes and ears hopefully. yet i'm here, congress is recessed this week. >> always a reason, my friend. the fact that tim geithner came out and said, we will go over this cliff, is somewhat counter to what the president has been saying thus far. you couple that and the recent talk about the debt ceiling and making sure that's included in whatever deal is made on this, is the white house demanding too much? are they in danger of edging too far o
, it's my 2 k a typical middle class family of form will see taxes rice $2,200 if congress does not act and now we're seeing caving on republicans. >> they're launching their own hash tag for twitter, it's "my two sticks" and you can rub them together if you're cold in the winter. [ magic juan music ] wand music ] >> so the first cracks on the republican stance on higher tax rates. john boner may make it in time for christmas. we'll see. do you remember when i asked for that so i could go like this, and you would play that. ♪ grandma got run over ♪ by john boehner ♪ lost her medicare ♪ on christmas eve ♪ she don't deserve ♪ no healthcare ♪ nor medicaid ♪ or social security ♪ he'd been drinking ♪ too much eggnog ♪ and we begged him not ♪ to go ♪ then he put on too much ♪ bronzer ♪ and he staggered out ♪ the tavern ♪ through the snow ♪ when we found grandma ♪ that morning ♪ality the ♪ at the base ♪ of the fiscal cliff ♪ she had orange marks ♪ on her forehead ♪ and cheet-to ♪ flavored tears ♪ on her lips ♪ grandma was ♪ ran over ♪
taking the wheel of talks to avert the january tax hike. that's a senate side of the capitol. here's treasury secretary geithner emerging in to the shadows. there he is right there. about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down, mr. speaker? >> no, no, no. stop. i got to tell you. i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes ri
cliff. the across-the-board spending cuts and sharp tax increases that hit in just 29 days. let's get straight to our senior congressional correspondent dana bash. she's watching what's going on. dana, the tax rates, first of all, let's get to a major sticking point right now. there's been a counterproposal from house republicans to the white house. you have details. >> reporter: that's right. let's start exactly where you just began on those tax rates because that has become the big divide between the two sides. the answer is the house republicans are not budging. they still want to continue the bush era tax rates at all income levels. let's get specific. first of all, the counterproposal, they say they would get about $800 billion in savings from what they call tax reform, from deductions and closing loopholes, things like that. but the bush era tax rates, all of them would remain, even for the wealthiest. to show you the difference, compared to the white house offer that they got last week, $1.6 trillion in savings when it comes to tax revenue. but much of that came from raising ta
position that we talked about yesterday, and that would force a vote for the bush tax cuts. the new "washington post" pugh research poll say 58% of those asked say it would be the republicans fault if we go over the fiscal cliff. and that shows all this back and forth isn't doing house gop any good. we're back after the break. alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. rich, chewy caramel rolled up in smooth milk chocolate. don't forget about that payroll meeting. rolo.get your smooth on. also in minis. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my go
until the deadline which could potentially trigger $7 trillion in automatic spending cuts and tax increases. both republicans and democrats are at a standoff. they are each blaming the other side for holding up the process, but republican congressman terry lee says that by going over the cliff the president may have an ulterior motive. >> many of us fear that the president's real plan here was to let us go over the cliff and blame the republicans, and that's what we look like we're being set up to do, and then if you go over the cliff, then two months later, a month later, the president can come back with a bill and say, hey, we're going to now since the republicans let everyone's taxes go up, i'm going to ride in here now and be the -- the knight in shining armor and lower the taxes on the lower two brackets. >> it is a case that is sparking painful reminders of trayvon martin, another florida teenager shot to death in an incident that has racial overtones. i'm talking about jordan davis, the 17-year-old who will be buried today after a disagreement at a florida gas station ended
the inside of the belly of the beast. susan. the drip, drip, drip of big name republicans who say higher tax rates are inevitable for the top people. that continues. >>> polls say voters will blame the gop if we go over the cliff but i worry when the time comes the president will also take the hit. >>> also from the just get over it department, there's a new ppp poll that finds that 25% of republicans want their state to secede from the union. do you believe this number? i am deeply convinced it's mainly in the south. and by the way, another 19% say they aren't so sure about secession. are these people meatheads or what? 44% of the republican party either does or might go along with secession snp what do you want to bet these are the same people who say president obama is a muslim. just guessing. >>> he's outspoken tough, irremember vent, biting, funny, and very, very smart. he'll be insufferable now. barney frank entered congress at the start of the reagan revolution, he's leaving it as it begins to crumble. the man from m joins us. >>> finally, consider yourself warned, barack obama is a s
't include the tax cuts for the middle class or the expiration for the bush tax cuts for the top 2%. and they are like here is our offer. if you are going to make a deal at least deal something somebody actually wants. >> yeah. >> stephanie: serious plan. they are like they won the election. >> it is totally farfetched and they are like i don't understand why he doesn't want it. >> stephanie: all right. here she is, jacki schechner in the current news. >> good morning. we already know that ashley judd can show a much wider range of emotion that some. she has been taking steps to assess her options when it comes to running for office. she is doing opposition research on herself to see where she might be most vulnerable. mcconnell will be running for his sixth term another option is to run against senator rand powell in 2016. there is a briefings tomorrow on the september 11th attack on our console consoleate attack in benghazi they the talking points were watered down by the cia. it said the notes did contain reference to al-qaeda but the cia took it off. elizabeth war
understood the banking system. he's not a budget guy. he's not a tax guy. he's never really worked in this sphere. >> geithner is leading these talks for two reasons. he and the president are very close. they simply click. secondly, boehner likes him. that's why geithner is the front man here. that sometimes matter more than anything else. on wednesday, the president brought back a campaign atmosphere. he surrounded himself with what he called average middle class families. it was all about ramping up political pressure on the republicans. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> the president had a busy fiscal cliff day, also met privately with the ceo ofs of home depot, coca-cola and yahoo!. not to be out done on this pr front, house republicans made it public, hosting a group of nervous business leaders. they've signed on to a campaign called fix the debt. they want big spending cuts to supplement the coming tax hikes. >> i'm hopeful but i wouldn't put me anywhere near the optimistic category.
solve these problems. right now congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. >> let's not kid ourselves. >> this is really insulting. >> don't give me the switcheroo. >> this isn't a deal, folks. >> it's reprehensible. >> they were offered easier terms. >> shame on them! i can't even talk about it anymore! >> mitch mcconnell burst into laughter. >> this is a unicorn budget. >> stop stealing from our kids. >> you know i'm right. >> your show, fox news, you you guys are too angry. >> i'm not angry, governor. >> santa delivers everywhere. i've been keeping my own naughty and nice list. >> tgif, everyone. ♪ >>> a happy friday to all of you and we begin with a man that one losing presidential candidate calls santa claus but we refer to as the president of the united states visiting a toy factory outside of philadelphia. the president, who toured the land of tinker toys and angry birds, had a dual purpose. first, promoting american-made products, and then in between a few jokes made at the expense of his vice president, he delivered a st
the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there is tense body language and tough words on both sides of pennsylvania avenue. they're starting to sound dug-in on capitol hill. >> all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> reporter: at the white house. >> this is available not just here but to everyone in the world who has an internet connection. and i know things are done the old fashioned way sometimes on cap
of a mandate to increase taxes on wealthy as we all heard. you hear much less about cutting government spending. to make matters worse, citizens sense government waste, congress, especially senate where most members are committee chairman or subcommittee chairman are inate bias against cutting government spending. this is tom schatz. >> they don't want to give up power, jurisdiction or the money. it is also a lot easier for members of congress to run back home and say i'm fixing this problem by spending money. i'm not fixing the problem by solving the problem, and providing the benefits that people need. >> reporter: cutting spending and attending to constituent needs are often very much in conflict, jenna. jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the fiscal cliff. that would necessarily make the difficult choices that congress and white house seem unwilling to m
, a trillion plus dollars in tax heights, entitlements of $400 billion and 1.2 trillion in spending cuts to offset the dreaded sequester. if the phoners haven't been gabfests the president is chatting up other folks including small business owners, middle class americans and mitt romney-loving ceos. if awkward meetings are par for the course in washington, the president's one today takes the cake. later this hour, president obama will sit down for a post-election chitchat with the prince of awkward, the king of tilted conversation and uncomfortabled one-liners, mitt romney. is there a role for mittens in obama world? >> the president noted that governor romney did a terrific job running the olympics and that skill set lends itself to ideas that could make the federal government work better which is a passion of the president's which he's requested reorganization authority from the congress do just that. >> translation, mitt romney may oversee the installation of a new color coded filing system in the white house. thanks for play, governor. and anyway, charm offenses aside the president k
don't need to see their taxes go up. >> that's one way to create opening day buzz, although it looks like watching this scene everybody was more interested in watching the vice president do his own shopping there. >>> also, why are people receiving this fund-raising e-mail from bill clinton? quote, i've enjoyed it so much whenever we've brought one of hillary's strongest supporters to new york to spend a day with me, i'm happy to tell you that i've asked to do it again. this is not the launch of a 2016 campaign. secretary clinton's 2008 campaign still owes $70,000, and they're trying to pay it off. just weeks after galvanizing the >> there's a lot of scientific data that i found out as a scientist that shows this is really a young earth. i don't believe that the earth's but about 9,000 years old. >> broun is not alone. when marco rubio was asked about the age of the planet in a recent interview, he dodged it saying, i'm not a scientist, man. now televangelist pat robertson of all people is weighing in, but not in a way you might expect. we're going to have pat robertson back. pat rob
obama which included a mythical increase in tax revenue of $800 billion obtained by reducing or eliminating unspecified tax deductions was taken seriously by no one in the senate except republican jim demipt. speaker boehner's $800 billion tax hike will destroy american jobs. the heritage foundation skewered the boehner counteroffer on its blog. at first blush, it appears little more than categorical preemptive capitulation. to be fair, the details of the republican proposal are extraordinarily vague to the extent it can be interpreted from the hazy details that it is utterly unacceptable. president obama said today there is a time and a place to discuss reforming the tax code. but that time is not now. >> what i've suggested is let's put a down payment on taxes, let's let tax rates on the upper income folks go up. let's let those go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform. we look at what loopholes and deductions both democrats and republicans are willing to close. and it is possible that we m
sam is smiling about his cut of the action. the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house today, just not in the capacity that he hoped for three weeks ago. this afternoon he'll sit down for a private lunch with president obama. it will be the first encounter since the final presidential debate in october. the meeting fulfills an election night promise by the president to work with romney going forward. that doesn't mean the former massachusetts governor will become a regular. >> is governor romney here tomorrow in some kind of cabinet level position? >> no. >> beyond that, is there some kind of reorganization in the commerce department where governor romney could play a role? >> again, there is -- the president doesn't have a specific assignment in mind for the governor. >> earlier
the present has asked for, to let the tax rates go up on the top brackets, it would run the government for a limited period of time. roughly $85 billion. so the president really needs to tell us what his plan is. i'm increasingly pessimistic, not optimistic, because the president seems to be campaigning, rather than going anywhere and doing anything to get a deal. because if we don't get a deal, it will hurt a lot of people. >> are you saying that the way we're going now, we could actually go off the fiscal cliff? taxes go up on everyone. >> we don't know what the president has said he needs, because revenue is not enough to solve the problem. as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided governm
facility. the president's visit would highlight the impact that the taxes would affect the season. it's all to garner public support and back republicans into a corner as fiscal cliff negotiations continue. tim geithner went up to the hill yesterday and laid out the president's offer. this is what it looks like. the goal is to get to $1.6 trillion in revenue. letting the tax cuts expire for the top 2% and then raise capital gains. that would bring in $196 billion. and then the tax code over overhaul, and extension of unemployment benefits and more stimulus spending. republicans for their part dismiss the offer immediately calling it unbalanced, and unreasonable. so the question is what kind of leverage do republicans have at this point? talking points memo notes that they do have control over whether or not we raise the debt ceiling which is something we have to do in the next few weeks or so. while it does not factor into the mass that is considered right now it does give house speaker john boehner program cuts like entitlement cuts back into the conversation. we're back with the show stay
the president. 1.6 trillion in new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. there is executive power plea to be able to do that without going back to confess. republicans are saying where is the balance? where is the spending cut side of the equation. the president said he wanted it to be a balanced deal. watch. melissa: so right now all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it is time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. melissa: republicans have made some nice, positive noises but they haven't put their plan on the table. so we're asking them, you know, what they have got. bill: so that sound you hear, america, is gridlock. mike emanuel is live
, automatic tax hikes and spending cuts kick in with potentially serious consequences for virtually every taxpayer in this country. there has been zero progress on a deal, zero. keeping them honest though, the american people clearly want a compromise, polls show they want results. but the two sides are still far apart on the issue at the heart of the debate, whether the wealthiest americans should pay more taxes than they do right now. the people you elected to get things done, they're not getting them done, not even close. in a cnn/orc poll taken a few weeks ago, 67% said washington officials would behave like spoiled children in fiscal cliff discussions. only 28% said they would behave like responsible adults. with that in mind, here's what the key players, the grownups, have said in just the past 24 hours. listen. >> the math, it doesn't work. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. >> we're not going to twist ourselves into contortions to appease a vocal minority. >> what i'm not going to do
on huckabee. republicans say the president will not budge. raising tax instead of a balanced approach instead of cutting spending is wrong. >> is the president serious about avoiding the fiscal cliff allen webb resphond. >> my homeowner insurance offered me $150 what can i do with that? >> they lost the home and business and sense of security. victims of super storm sandep ho on how they are coping. >> who can throw their hate in the ring for 2016. ladies and gentlemen. our guest host tonight dana preno. [ applause ] ♪ >> welcome to huckabee. i am dana pereno and i want to thank governor huckabee to have me guest host. it is it a month since the presidential election and half of the country is elate vindicate they voted for president obama and walking on cloud 9. the other half not so much. they are confuse despondant and sleepless. they wonder if the nation has gone mad and want to return to common sense not another four years on fantasy island. we are taught as kids to be good sports man and not gloat and give the other side high 5 and say good game. have we seen much much that. nope. bei
property tax to fix neglected roads and other problems in their infrastructure. >> it's one thing to complain. but you have to back it up. and so help towards making it happen in a tangible way. >> reporter: it's a cautionary tale for the entire bay area. >> right. >> reporter: pay for the work now or pay up to 10 times more later. >> a lot of it was the dollars. it only cost $36,000 to maintain a mile of road. it costs well over a million dollars to reconstruction a mile of road. >> reporter: lawmakers know raising taxes is a political third rail. but state senator-elect jerry hill will push for higher gas taxes. >> the sales tax or increase in the gasoline tax is really the solution-foot-long term to improve our roads. >> reporter: are we living on borrowed time? >> in some cases we may be. >> reporter: according to the latest studies by the mtc and other city agencies, there is no money now and dana, tonight they are saying it doesn't even look good for the next 30 years. >> wow. all right. linda yee, thank you. >>> right now, the city of oakland is talking to a concerned commu
't see taxes go up on anybody so that we can engage in tax reform and get this economy going, again. >> democratic senator max baucus says congressional leaders and the president need to get to work on negotiations right now before the u.s. enters unchartered waters. >> i think if there's no agreement, whatsoever, if the other side is completely that the president has probably no choice but to say, okay, we're going to go with a cliff. that would not be my first preference. >> should that happen, should we go over that so-called fiscal cliff republican congressman lee terry thinks there could be an alterier motive on the part of the president. >> many of us fear that the president's real plan here was to let us go over the cliff and blame the republicans and that's what we look like we're being set up to do. and then if you go over the cliff, then two months later, a month later, the president can come back with a bill and say, hey, we're going to now since the republicans let everyone's taxes go up, i'm going to ride in here now and be the night and shining armor and lower the taxe
with ourselves. we don't want to put both tax increases and entitlement cuts on the table. it's up to republicans and we'll come back with a counter. you can't force us to put an opening bid on entitlement cuts when we don't want any to begin with. and that's the movement. so i think even in public there's starting to be a little bit of moving and i think there is the ability for folks to get there. >> we do know pretty clearly i think that the white house thinks they have the upper hand. here is the president from his event yesterday. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. >> so he's got his outreach to middle class americans. we saw him meeting with business leaders. his event is planned for tomorrow. we campaign-like and he is still using the campaign actually, more than a million people responded to that survey that obama for america put out and said they're interested in volunteering. so is part of what the president
-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings r
a fiscal cliff deal? >> with $1.6 trillion in new taxes, i think probably half a second. >> when you see the apparent attempt at a bipartisan lunch going on today between obama and romney, it was all very sweet and everything, the reality is the picture was about as uncomfortable as the relationship is between the two sides, and again, frank, how do we get to a better place in washington? how do we get these guys to realize, let me throw this at you. i interviewed mike tyson an hour ago. fantastic interview in many ways. what i found really fascinating and relevant to this, he talks about when he goes back to the streets he grew up in in new york, what real people care about. they care about their homes, they care about their jobs, they care about feeding their children. he got quite passionate about it. i just don't get that these politicians squabbling in d.c. care about those things enough or they would stop this politicking over things like a fiscal cliff. what do you think, frank? >> they care in largest part about staying in office and one of the problems here is what each individu
-working folks who don't need to see their taxes go up. >> that's one way to create opening day buzz although it looks like watching this scene everybody was more interested in watching the vice president do his own shopping there. also, why are people receiving this fund-raising e-mail from bill clinton? quote, i've enjoyed it so much whenever we've brought one of hillary's strongest supporters to new york to spend a day with ming i'm happy to tell you that i've asked to do it again. this is not the launch of a 2016 campaign? secretary clinton's 2008 campaign still owes $70,000 and they're trying to pay it off. just weeks after galvanizing the country for president obama, big bill is back there working his fan base again offering donors the chance to spend time with him. >>> next, remember when georgia congressman paul brawn braun offered this account of how old the earth is? >> there's a lot of scene tisk data that i found out as a scientist that shows this is really a young earth. i don't think the oert is 9,000 years old. >> browne is not alone. when marco rubio was asked about the age of
of the fiscal cliff. we asked each side what they would be willing to cut to make sure your taxes don't go up. plus, it isn't a wild safari, this is staten island. how these two pulled off the greatest scape. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it, it was outlawed. but it was a bible by the people, for the people, the book that built america. and now for the first time in 400 years it's available
all agreed to, which is let's keep middle class taxes. we don't have a lot of time. >>> secretary geithner is up on capitol hill to lead negotiations on the fiscal cliff talks. >> you're not going to grow the economy if you raise taxes on the top two rates. that's not the right approach. >>> string of nasty storms barreling into the west coast. powerful winds have started knocking out power. >> just need to get to the other side of town. i don't have a choice. >> picked a bad day to do it? >> yeah. >> u.s. embassy in cairo is closed. the entrance is blocked by protesters as clashes erupt nearby. >> zebra and s hechlt tland pony ran wild through the streets of new york city. they apparently escaped from a petting zoo. >>> nypd says actress lindsay lohan has been raefed and charged with assault. >> three, two, one. >> only nbc would make a television event out of plugging something in. >> all that -- >> oh, humphries and rondo get into it. officials trying to get control here. >> don't tell me what i think. when i said i didn't have a problem, i don't have a problem. got it? >> and
the administration's offer to congressional republicans. the offer was essentially a mix of tax hikes as well as spending cuts the democrats are not crazy about. essentially, here are some things. republicans rejected that white house proposal out of hand. they said they were flabbergasted that was put forward as the president's idea of compromise. we have since learned what the republicans republicans' view of compromise is. as i mentioned last night, before the election john boehner proposed that revenues could be raised by this much. that's the pile of money there. after the election, which his party lost, he's now offering post-election this much new revenue. so his offer since losing the election got worse. that new offer came in a new outline of proposals that the republicans sent to the president in a letter yesterday. it's a plan that they describe in their letter as "a fair middle ground." here's what they consider a fair middle ground. we did this in chart form today. because it turns out it's really simple. and looking at it this way makes it simple. here's what they are offering.
, heavy rains have flooded san anselmo creek inundating the downtown with water. voters approved a tax for prevention projects five years ago. but the money has been tied up in court most of the time. now there's about $10 million waiting to be spent. >> there are efforts that -- planning efforts and more to develop what are called retention ponds in upstream areas the idea of which is to slow down the downstream onslaught of water that happens in big rain events. >> the town may be on alert but not everyone there is happy about being on the news. ahead at 6:00, cbs 5's mike sugerman explains why. >>> we might be seeing more of this before all is said and done. this tree came down in san francisco's bernal heights neighborhood. crews were trying to clean it up this morning. there have been a number of trees that have come down in many parts of the bay area. >> pg&e crews doing what they can to reduce power outages during the next storms. they took advantage of the little break in the weather to make headway trimming teresa way from the power lines. yesterday more than 1100 homes lost p
that does not raise the tax rate on the wealthiest americans and that has become the central issue of the negotiations. the white house says republicans still are not ready to get serious. susan mcginnis is in washington with the back and forth details. susan, good morning to you. >> reporter: good morning, terrell. gop leaders here on capitol hill sent their plan to the white house in this letter on monday, and now that both initial offers are out there, both sides say it's time to get serious. governors from six states are headed here to washington today to tell president obama their thoughts on the fiscal cliff. the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one's going to get what they want, but as a country to move forward, we've got to figure out who gives where, and if everything is going to be out on the table, how do we negotiate that? >> reporter: republicans have given a counterproposal to the president's plan which he issued last week. they say their plan would cut $2.2
the eligibility age. and rather than taking a hyper-tax, deep footnote approach as he did, he could have just come out and said nap that. he did not come out and say that. because john boehner may be many things, but he is not stupid. he understands the bind he is in. his party is antagonistic to medicare. and it is also generally funded by lots of people who would like to see medicare dissolved. and it is also a party that won people on medicare by 12 points in the last election, even though they lost the election overall by three points. in fact, john boehner's cageyness about saying what he actually wants to do is par for the course in this debate. that is actually the norm for the politics of medicare. and the reason is a deep contradiction at the heart of our national conversation on the issue. medicare is massively, overwhelmingly popular. it is very successful. and it is, over the long-term, projected to be the biggest contributor to deficits down the road. which mean people in the country, voters everywhere, love medicare and do not want it to be cut. and wonks in washington, d.c. spend th
my lips, no new taxes. and when he violated that pledge -- >> off with his head! ♪ >>> we begin with a very busy day in washington and an array of meetings that would put your average speed dating event to shame. as we know, politics sometimes makes strange bedfellows. in this case one unusual lunch day. this afternoon the president hosted his vanquished rival, mitt romney. no word yet on if mr. romney found the cookies up to his rig rouse standards or how many white house beers the president decided to drink. we're also holding out hope that a savvy waiter or waitress caught at least 47% of the lunch on cell phone video. while in washington romney also met with his former running mate, the marathoner paul ryan, and offered a few kind words about him to the press. >> mr. romney, how was your meeting with mr. ryan today? was it nice to see him? >> that's a greet friend. good to be with him. >> good to be with him? >> always great to see paul ryan. >> while today's lunch was perhaps an opportunity to shake after a hard fought campaign, not everybody was feeling so friendly. take f
by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked to the president about many of them. you can can look at our budget. where we outline very specific proposals that we passed in last year's budget and the budget from
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